Tata Steel merger with Thyssenkrupp under threat

The proposed merger between Tata Steel and the steel operations of Thyssenkrupp, which would secure the future of the Port Talbot steel works and a total of 8,000 UK jobs, is at risk because of complex negotiations around pensions and opposition from German trade unions.Talks between ...

....His CV lists an eclectic mix of roles in the pharmaceuticals, flooring and textiles industry, at Scottish Enterprise, and stints in the US. He has, however, had some experience in the banking business, overseeing procedures for branch closures and small businesses appealing against lending decisions. ...

. Wall Street’s top regulator came under fire on Thursday about its cybersecurity and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading. ...

.... It includes details of those whom the Home Office regard as liable for removal or deportation because they are overstayers, failed asylum seekers or those who have absconded from immigration detention. Safeguards are included to prevent the closure of a bank account which would leave the account holder without the subsistence means to live. ...

....He said the current furore over Ryanair’s flight cancellations was an illustration of what can happen when things go wrong. He said US carriers had learned to their cost what it was like to leave decisions in politicians’ hands when air traffic control was threatened with closure in the US in 2013 because the national budget was not agreed in a “sequestration” debacle. ...

....The UK government made the announcement on the taskforce to coincide with the opening of Climate Week in New York. There, some UK companies including Aviva, WPP and Marks & Spencer joined with others from around the world to endorse the disclosure of climate risks to investors. ...

....6m to reopen a mothballed plant in Bedwas, near Caerphilly, which it closed in 2014 because of tough market conditions and overcapacity. The reopening brings back the same number of jobs over the next five years as were lost in the closure. ...